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Why did MRPL post a GRM of $4.75 for the quarter ended June 2017 when RIL posted a GRM of $ 11.9/bbl?
MRPL claims that its operating GRM was higher for the quarter at $ 7.07 against $ 5.29 in the for the same quarter in the previous year but inventory loss got the figure down to $ 4.75 as against an inventory gain taking the GRM up to $ 10.01 in the previous year. If there as an inventory loss t
There have always been allegations that GAIL uses its monopoly powers to exploit its customers.
The source of this power emanates from the fact that it is both a monopoly pipeline owner as well as a marketer of gas.The allegations, however, have never been entirely proved but a comprehensive investigation by the Competition Commission will soon nail the truth once and for all.
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